In this week’s Economic Report, Dr. Rick Harper discusses the latest manufacturing numbers, the role economic incentives play in our area and why the trade deficit isn’t decreasing any time soon.
The U.S. Department of Commerce released its October report on U.S. factory orders, and the numbers were much better than expected.
“Orders are up 2.7 percent. This is the fourth month in a row that factory orders have been up,” Harper said. “We actually got an upwardly revised number for the prior month.”